FRADA AS

5919 FREKHAUG

Finances

Return on Equity

−386,11 %

Current Ratio

16,95

Debt-to-Equity Ratio

−69,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 000	709 000	9 304 000	693 000
Net Income	139 000	279 000	1 281 000	259 000
Total Assets	2 552 000	2 401 000	1 919 000	1 375 000
Total Equity	−36 000	−175 000	−454 000	−1 735 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 000	709 000	9 304 000	693 000
Expenditure	237 000	226 000	7 725 000	264 000
Operating Profit	185 000	483 000	1 579 000	429 000
Financial Income	0	0	0	0
Financial Costs	7 000	130 000	150 000	170 000
Financial Balance	−7 000	−130 000	−150 000	−170 000
Earnings Before Tax	178 000	353 000	1 430 000	259 000
Tax	39 000	74 000	148 000	0
Net Income	139 000	279 000	1 281 000	259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 196 000	1 070 000	799 000	823 000
Total Current Assets	1 356 000	1 331 000	1 120 000	552 000
Total Assets	2 552 000	2 401 000	1 919 000	1 375 000
Total Retained Equity	−436 000	−575 000	−854 000	−2 135 000
Total Equity	−36 000	−175 000	−454 000	−1 735 000
Total Long-Term Debt	2 509 000	2 495 000	2 149 000	3 078 000
Total Current Debt	80 000	81 000	224 000	32 000
Total Equity and Debt	2 552 000	2 401 000	1 919 000	1 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	422 000	589 000	9 304 000	693 000
Other Income	0	120 000	0	0
Revenue	422 000	709 000	9 304 000	693 000
Cost of Goods Sold	19 000	8 000	7 534 000	82 000
Salary Costs	0	0	0	0
Depreciation	64 000	48 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	237 000	226 000	7 725 000	264 000
Operating Profit	185 000	483 000	1 579 000	429 000
Financial Income	0	0	0	0
Financial Costs	7 000	130 000	150 000	170 000
Financial Balance	−7 000	−130 000	−150 000	−170 000
Dividends	0	0	0	0
Net Income	139 000	279 000	1 281 000	259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	24 000
Fixtures	207 000	271 000	0	0
Total Tangible Assets	207 000	271 000	0	24 000
Total Fiancial Fixed Assets	989 000	799 000	799 000	799 000
Total Fixed Assets	1 196 000	1 070 000	799 000	823 000
Stock	1 244 000	1 087 000	898 000	489 000
Total Investments	0	0	0	0
Cash, Bank	68 000	30 000	11 000	10 000
Total Current Assets	1 356 000	1 331 000	1 120 000	552 000
Total Assets	2 552 000	2 401 000	1 919 000	1 375 000
Total Equity	−36 000	−175 000	−454 000	−1 735 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 509 000	2 495 000	2 149 000	3 078 000
Creditors	20 000	29 000	51 000	6 000
Unpaid Taxes	0	0	24 000	26 000
Dividends	0	0	0	0
Other Current Debt	14 000	0	0	0
Total Current Debt	80 000	81 000	224 000	32 000
Total Equity and Debt	2 552 000	2 401 000	1 919 000	1 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−386,11 %	−159,43 %	−282,16 %	−14,93 %
Debt-to-Equity Ratio	−69,69	−14,26	−4,73	−1,77
Operating Profit Margin	43,84 %	68,12 %	16,97 %	61,9 %
Current Ratio	16,95	16,43	5	17,25
Quick Ratio	−1,16	−1,32	−1,66	−1,21
Equity Ratio	−0,01	−0,07	−0,24	−1,26
Gross Profit Margin	95,5 %	98,87 %	19,02 %	88,17 %